ERP is an abbreviation for enterprise resource planning system. It is a type of business software that helps companies manage their data and automate processes. An ERP system is a software that's capable of managing and running most business functions. It provides inputs and outputs for every part of an organization's operation, from marketing to production. It integrates the entire company into one cohesive unit. An ERP enables companies to automate and maintain control of the supply chain, production, and inventory management. This can help improve order accuracy and processing speed. An ERP can also help businesses to make more time-sensitive decisions, such as whether or not to produce another batch of a product before it sells out.
A warehouse management system is a system that is used to manage the inventory, shipping, and the allocation of warehouse space.